Ethereum gas fees drop as daily DEX and DeFi volumes decline

[EAA-ALLAH]

Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs.
The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value.
Source:click

[Hometown]

Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs.
The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value.
Source:click

Ethereum network fees massive slippage already victimed investors and traders. They already shifted themselves in Binance Smart chain plafrorm which already accepted by pancakes swap and 1 inch decentralized exchanges. So daily trading volumes more  and  more increasing in pancakes swap exchange.

[Criminal]

Ethereum's transaction fee is currently taking on a spooky shape. Ethereum's transactions have been fee for some time, but now the volume of transactions has increased If this continues, the Ethereum platform will no doubt lose its popularity.